Friends of Cusd 5 NFP

Analysis

Friends of Cusd 5 NFP is a registered charity in United States, based in Mount Olive, IL. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Friends of Cusd 5 NFP reported income of $81k and spending of $11k, leaving 86% of income unspent that year. Across the 2 years on record, from May 2023 to May 2024, income grew from $22k to $81k (+262%), an average of +262% a year. The sharpest change came in the year to May 2024, when income rose by 262%. Over the whole period it spent 20% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Friends of Cusd 5 NFP sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within IL. Charities of a similar size with the same main cause include North Carolina Right to Life Inc Education Fund ($81k), Providence High School Ptso Inc ($81k) and Cehj Cosmetology & Barbering Academy ($81k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 74% of the total. At year end it held assets of $98k against liabilities of $0, net assets of $98k.